Knoll (KNL) 10-Q 3 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 30, 2015
Document Information [Line Items]
Entity Registrant Name	KNOLL INC
Entity Central Index Key	1,011,570
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		48,784,675
Restricted Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,034,259

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 10,342	$ 19,021
Customer receivables, net	104,374	114,551
Inventories, net	143,440	140,835
Deferred income taxes	15,015	15,868
Prepaid and other current assets	24,411	21,544
Total current assets	297,582	311,819
Property, plant, and equipment, net	164,649	165,019
Goodwill	128,379	128,918
Intangible assets, net	252,451	253,739
Other non-trade receivables	2,950	3,278
Other noncurrent assets	5,355	6,170
Total Assets	851,366	868,943
Current liabilities:
Current maturities of long-term debt	10,000	10,000
Accounts payable	75,738	114,914
Income taxes payable	0	12,895
Other current liabilities	96,283	93,965
Total current liabilities	182,021	231,774
Long-term debt	264,000	248,000
Deferred income taxes	67,987	64,203
Postretirement benefits other than pensions	8,808	8,765
Pension liability	73,429	70,770
Other noncurrent liabilities	26,330	32,213
Total Liabilities	$ 622,575	$ 655,725
Commitments and contingent liabilities
Equity:
Common stock, $0.01 par value; 200,000,000 shares authorized; 64,564,959 shares issued and 48,816,899 shares outstanding (including 1,044,434 non-voting restricted shares and net of 15,748,060 treasury shares) at June 30, 2015 and 64,113,785 shares issued and 48,723,414 shares outstanding (including 1,235,904 non-voting restricted shares and net of 15,390,371 treasury shares) at December 31, 2014	$ 488	$ 487
Additional paid-in capital	43,996	41,143
Retained earnings	226,924	204,063
Accumulated other comprehensive loss	(42,799)	(32,682)
Total Knoll, Inc. stockholders' equity	228,609	213,011
Noncontrolling interests	182	207
Total Equity	228,791	213,218
Total Liabilities and Equity	$ 851,366	$ 868,943

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	64,564,959	64,113,785
Common stock, shares outstanding	48,816,899	48,723,414
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	1,044,434	1,235,904
Treasury shares	15,748,060	15,390,371

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales		$ 268,622	$ 265,943	$ 535,120	$ 495,544
Cost of sales		167,431	168,669	338,620	321,672
Gross profit		101,191	97,274	196,500	173,872
Selling, general, and administrative expenses		72,936	74,833	145,946	139,555
Restructuring charges		0	203	0	795
Operating profit	[1]	28,255	22,238	50,554	33,522
Interest expense		1,851	1,944	3,736	3,615
Other expense (income), net		200	2,700	(6,957)	196
Income before income tax expense		26,204	17,594	53,775	29,711
Income tax expense		8,982	6,753	19,118	11,038
Net earnings		17,222	10,841	34,657	18,673
Net losses attributable to noncontrolling interests		(17)	(14)	$ (25)	(8)
Net earnings attributable to Knoll, Inc. stockholders		$ 17,239	$ 10,855		$ 18,681
Net earnings per common share attributable to Knoll, Inc. stockholders:
Basic (in dollars per share)		$ 0.36	$ 0.23	$ 0.73	$ 0.40
Diluted (in dollars per share)		0.36	0.23	0.72	0.39
Dividends per share (in dollars per share)		$ 0.12	$ 0.12	$ 0.24	$ 0.24
Weighted-average number of common shares outstanding:
Basic (in shares)		47,760,961	47,365,780	47,705,222	47,283,396
Diluted (in shares)		48,509,546	47,974,559	48,445,060	48,012,233
Net earnings		$ 17,222	$ 10,841	$ 34,657	$ 18,673
Other comprehensive income (loss):
Foreign currency translation adjustment		118	3,730	(12,881)	(89)
Pension and other post-retirement liability adjustment, net of tax		1,382	64	2,764	128
Total other comprehensive income (loss), net of tax		1,500	3,794	(10,117)	39
Total comprehensive income		18,722	14,635	24,540	18,712
Comprehensive losses attributable to noncontrolling interests			(14)		(8)
Comprehensive income attributable to Knoll, Inc. stockholders		$ 18,739	$ 14,649	$ 24,565	$ 18,720
[1]	The Company does not allocate interest expense or other (income) expense, net to the reportable segments.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITES
Net earnings	$ 34,657	$ 18,673
Adjustments to reconcile net earnings to cash provided by operating activities:
Depreciation	8,776	7,850
Amortization expense (including deferred financing fees)	1,951	2,176
Unrealized foreign currency gains	(6,818)	(452)
Stock-based compensation	3,574	3,658
Other non-cash items, net	227	30
Changes in assets and liabilities, net of acquisition:
Customer receivables	9,248	446
Inventories	(5,081)	(10,325)
Accounts payable	(36,399)	3,174
Current and deferred income taxes	(11,437)	6,291
Prepaid and other current assets	(1,765)	(4,042)
Other current liabilities	3,192	(13,662)
Other noncurrent assets and liabilities	7,317	17,460
Cash provided by operating activities	7,442	31,277
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(12,340)	(17,741)
Purchase of business, net of cash acquired	0	(93,349)
Purchase of licenses	(330)	(315)
Cash used in investing activities	(12,670)	(111,405)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from revolving credit facility	170,000	608,000
Repayment of revolving credit facility	(154,000)	(515,000)
Payment of financing fees	0	(1,914)
Payment of dividends	(11,502)	(11,363)
Proceeds from the issuance of common stock	4,421	2,590
Purchase of common stock for treasury	(6,067)	(6,227)
Contingent purchase price payment	(5,000)	0
Excess tax benefit from the exercise of stock options and vesting of equity awards	979	210
Cash (used in) provided by financing activities	(1,169)	76,296
Effect of exchange rate changes on cash and cash equivalents	(2,282)	279
Decrease in cash and cash equivalents	(8,679)	(3,553)
Cash and cash equivalents at beginning of period	19,021	12,026
Cash and cash equivalents at end of period	$ 10,342	$ 8,473

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of Knoll, Inc. (the “Company”) have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such rules and regulations. The consolidated balance sheet of the Company, as of December 31, 2014 , was derived from the Company’s audited consolidated balance sheet as of that date. All other condensed consolidated financial statements contained herein are unaudited and reflect all adjustments which are, in the opinion of management, necessary to summarize fairly the financial position of the Company and the results of the Company’s operations and cash flows for the periods presented. All of these adjustments are of a normal recurring nature. The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries and any partially owned subsidiaries that the Company has the ability to control. All significant intercompany balances and transactions have been eliminated in consolidation. These condensed consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Form 10-K for the year ended December 31, 2014 . New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606). The ASU is the result of a convergence project between the FASB and the International Accounting Standards Board to clarify the principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards. The ASU removes inconsistencies and weaknesses in revenue requirements; provides a more robust framework for addressing revenue issues; improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets; provides more useful information to users of financial statements through expanded disclosure requirements; and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. This ASU is effective for fiscal years beginning after December 15, 2017, and for interim periods within those fiscal years. The Company has not yet selected a transition method and is currently evaluating the impact of the amended guidance on the consolidated financial position, results of operations and related disclosures. In April 2015, the FASB issued ASU No. 2015-03, Interest—Imputation of Interest (Subtopic 835-30). This ASU simplifies the presentation of debt issuance costs by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct reduction from the carrying amount of the debt liability, which is consistent with the treatment of debt discounts. The new guidance should be applied on a retrospective basis, and upon transition, an entity is required to comply with the applicable disclosures necessary for a change in accounting principle. This ASU is effective for fiscal years beginning after December 15, 2015, and for interim periods within those fiscal years. The Company does not expect the impact of the adoption of this ASU to have a material impact on its financial position, results of operations and cash flows. In July 2015, the FASB issued ASU 2015-11, which amends existing guidance for measuring inventories. This amendment will require the Company to measure inventories recorded using the first-in, first-out method at the lower of cost and net realizable value. This amendment does not change the methodology for measuring inventories recorded using the last-in, first-out method. This amendment will be effective for the Company on January 1, 2017. Early adoption is permitted. The Company does not expect the impact of the adoption of this ASU to have a material impact on its financial position, results of operations and cash flows.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS On February 3, 2014, the Company acquired Holly Hunt Enterprises, Inc. The acquisition advances the Company's strategy of building its global capability as a resource for high-design workplaces and homes, including the commercial contract, decorator to-the-trade and consumer markets. The aggregate purchase price for the acquisition was $95.0 million , plus certain contingent payouts of up to $16.0 million . Of the $16.0 million of contingent payouts, $5.0 million was paid in the first quarter of 2015. The remaining contingent payouts, if earned based on future performance of the business, are expected to be paid in 2016 and 2017. The purchase price was funded from borrowings under the Company's revolving credit facility. The Company has recorded the acquisition of HOLLY HUNT ® using the acquisition method of accounting and has recognized the assets acquired and liabilities assumed at their fair values as of the date of the acquisition. The Company finalized the purchase accounting for the acquisition of HOLLY HUNT during the first quarter of 2015 as no additional adjustments were made from the fair values assigned since December 31, 2014. The amount of net sales and net earnings that resulted from the acquisition and attributable to Knoll, Inc. stockholders included in the condensed consolidated statements of operations and comprehensive income during the six months ended June 30, 2015 and 2014 were as follows (in thousands): June 30, 2015 June 30, 2014 Net sales $ 57,569 $ 44,509 Net earnings attributable to Knoll, Inc. stockholders $ 2,739 $ 3,108 The following unaudited pro forma summary financial information presents the operating results of the combined company, assuming the acquisition had occurred as of January 1, 2013 (in thousands): Six Months Ended June 30, 2014 Pro forma net sales $ 503,365 Pro forma net earnings attributable to Knoll, Inc stockholders $ 19,106 The unaudited pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the results that would have been attained had the acquisition occurred on January 1, 2013, nor is it indicative of results of operations for future periods. The pro forma information presented for the six months ended June 30, 2014 , include adjustments for acquisition costs, interest expense that would have been incurred to finance the acquisition, amortization and depreciation.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Information regarding the Company's inventories is as follows (in thousands): June 30, December 31, Raw materials $ 58,226 $ 54,376 Work-in-process 7,294 7,265 Finished goods 77,920 79,194 Total $ 143,440 $ 140,835 Inventory reserves for obsolescence and other estimated losses were $7.8 million and $8.4 million at June 30, 2015 and December 31, 2014, respectively, and have been included in the amounts above.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s income tax provision consists of federal, state and foreign income taxes. The tax provisions for the three months ended June 30, 2015 and 2014 were based on the estimated effective tax rates applicable for the full years ending December 31, 2015 and 2014 , after giving effect to items specifically related to the interim periods. The Company’s effective tax rate was 34.3% for the three months ended June 30, 2015 and 38.4% for the three months ended June 30, 2014 . The Company’s effective tax rate was 35.6% for the six months ended June 30, 2015 and 37.2% for the six months ended June 30, 2014 . The decrease in the Company's effective tax rate for the three and six months ended June 30, 2015 , was primarily a result of the geographic mix of pretax income and the varying effective tax rates in the countries and states in which the Company operates. As of June 30, 2015 and December 31, 2014 , the Company had unrecognized tax benefits of approximately $5.1 million and $4.9 million , respectively. These unrecognized tax benefit amounts would affect the effective tax rate if recognized. As of June 30, 2015 , the Company is subject to U.S. Federal income tax examinations for the tax years 2011 through 2014, and to non-U.S. income tax examinations for the tax years 2006 through 2014. In addition, the Company is subject to state and local income tax examinations for the tax years 2010 through 2014.

CONTINGENT LIABILITIES AND COMM

CONTINGENT LIABILITIES AND COMMITMENTS	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
CONTINGENT LIABILITIES AND COMMITMENTS	CONTINGENT LIABILITIES AND COMMITMENTS Litigation The Company is currently involved in matters of litigation, including environmental contingencies, arising in the ordinary course of business. The Company accrues for such matters when expenditures are probable and reasonably estimable. Based upon information presently known, management is of the opinion that such litigation, either individually or in the aggregate, will not have a material adverse effect on the Company’s financial position, results of operations, or cash flows. Warranty The Company offers a warranty for all of its products. The specific terms and conditions of those warranties vary depending upon the product. The Company estimates the costs that may be incurred under its warranties and records a liability in the amount of such costs at the time product revenue is recognized. Factors that affect the Company’s liability include historical product-failure experience and estimated repair costs for identified matters for each specific product category. The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. Changes in the warranty reserve are as follows (in thousands): Balance, as of December 31, 2014 $ 8,180 Provision for warranty claims 3,717 Warranty claims paid (3,476 ) Foreign currency translation adjustment (68 ) Balance, as of June 30, 2015 $ 8,353 Warranty expense for the three months ended June 30, 2015 and 2014 was $2.0 million and $1.7 million , respectively. Warranty expense for the six months ended June 30, 2015 and 2014 was $3.7 million and $3.4 million , respectively.

INDEBTEDNESS

INDEBTEDNESS	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
INDEBTEDNESS	INDEBTEDNESS Information regarding the Company's indebtedness is as follows (in thousands): June 30, December 31, Balance of revolving credit facility $ 84,000 $ 63,000 Balance of term loan 190,000 195,000 Total long-term debt 274,000 258,000 Less: Current maturities of long-term debt 10,000 10,000 Long-term debt $ 264,000 $ 248,000

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2015 (in thousands): Foreign Pension and Total Balance, as of December 31, 2014 $ 2,095 $ (34,777 ) $ (32,682 ) Other comprehensive income (loss) before reclassifications (12,881 ) — (12,881 ) Amounts reclassified from accumulated other comprehensive income (loss) — 2,764 2,764 Net current-period other comprehensive income (loss) (12,881 ) 2,764 (10,117 ) Balance, as of June 30, 2015 $ (10,786 ) $ (32,013 ) $ (42,799 ) The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income for the three months ended (in thousands): June 30, 2015 June 30, 2014 Amortization of pension and other post-retirement liability adjustments Prior Service Costs (1) $ (72 ) $ (558 ) Actuarial Losses (1) 2,258 656 Total Before Tax 2,186 98 Tax Benefit (804 ) (34 ) Net of Tax $ 1,382 $ 64 (1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 for additional information. The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income for the six months ended (in thousands): NOTE 7. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (continued) June 30, 2015 June 30, 2014 Amortization of pension and other post-retirement liability adjustments Prior Service Costs (1) $ (144 ) $ (1,116 ) Actuarial Losses (1) 4,516 1,312 Total Before Tax 4,372 196 Tax Benefit (1,608 ) (69 ) Net of Tax $ 2,764 $ 127 (1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 for additional information.

PENSIONS AND OTHER POST-RETIREM

PENSIONS AND OTHER POST-RETIREMENT BENEFITS	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
PENSIONS AND OTHER POST-RETIREMENT BENEFITS	PENSIONS AND OTHER POST-RETIREMENT BENEFITS The following tables summarize the costs of the Company’s employee pension and other post-retirement benefit plans for the periods indicated (in thousands): Pension Benefits Other Benefits Three months ended Three months ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Service cost $ 1,887 $ 1,734 $ 4 $ 6 Interest cost 3,114 3,335 80 91 Expected return on plan assets (3,655 ) (3,936 ) — — Amortization of prior service cost — 3 (72 ) (561 ) Recognized actuarial loss 2,166 502 92 154 Net periodic benefit cost $ 3,512 $ 1,638 $ 104 $ (310 ) For the three months ended June 30, 2015 , $2.0 million of pension expense was incurred in cost of sales and $1.5 million was incurred in selling, general, and administrative expenses. For the three months ended June 30, 2014 , $0.9 million of pension expense was incurred in cost of sales and $0.7 million was incurred in selling, general, and administrative expenses. Pension Benefits Other Benefits Six months ended Six months ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Service cost $ 3,774 $ 3,468 $ 8 $ 12 Interest cost 6,228 6,670 160 182 Expected return on plan assets (7,310 ) (7,872 ) — — Amortization of prior service cost — 6 (144 ) (1,122 ) Recognized actuarial loss 4,332 1,004 184 308 Net periodic benefit cost $ 7,024 $ 3,276 $ 208 $ (620 ) For the six months ended June 30, 2015 , $4.0 million of pension expense was incurred in cost of sales and $3.0 million was incurred in selling, general, and administrative expenses. For the six months ended June 30, 2014 , $1.9 million of pension expense was incurred in cost of sales and $1.4 million was incurred in selling, general, and administrative expenses.

COMMON STOCK AND EARNINGS PER S

COMMON STOCK AND EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2015
COMMON STOCK AND EARNINGS PER SHARE
COMMON STOCK AND EARNINGS PER SHARE	COMMON STOCK AND EARNINGS PER SHARE Basic earnings per share attributable to Knoll, Inc. stockholders excludes the dilutive effect of (i) common shares that could potentially be issued due to the exercise of stock options, and (ii) unvested restricted stock and restricted stock units and is computed by dividing net earnings attributable to Knoll, Inc. stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share attributable to Knoll, Inc. stockholders includes the effect of shares and potential shares issued under the stock incentive plans. The following table sets forth the reconciliation from basic to diluted weighted-average number of common shares outstanding: Three months ended Six months ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 (in thousands) (in thousands) Weighted-average number of common shares outstanding - basic 47,761 47,366 47,705 47,283 Potentially dilutive shares resulting from stock plans 749 609 740 729 Weighted-average number of common shares outstanding - diluted 48,510 47,975 48,445 48,012 Antidilutive equity awards number of shares not included in the weighted-average common shares - diluted — 138 — 158 Common stock activity for the six months ended June 30, 2015 and 2014 included the repurchase of 287,689 shares for $6.1 million and 379,051 shares for $6.2 million , respectively. Common stock activity for the six months ended June 30, 2015 also included the exercise of 302,750 stock options for $4.4 million and the vesting of 281,581 restricted shares. Common stock activity for the six months ended June 30, 2014 included the exercise of 195,807 stock options for $2.6 million and the vesting of 496,191 restricted shares. During the three and six months ended June 30, 2015 , the Company granted 998 and 272,424 , respectively, equity-based awards to certain employees and the Company's Board of Directors. The vesting of these awards is subject to certain service, performance or market conditions.

EQUITY

EQUITY	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
EQUITY	EQUITY The following table shows the change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests during the six months ended June 30, 2015 (in thousands): Equity Attributable to Knoll Inc., Stockholders Noncontrolling Interests Total Balance, as of December 31, 2014 $ 213,011 $ 207 $ 213,218 Total comprehensive income: Net earnings (losses) attributable to Knoll, Inc. stockholders and noncontrolling interests 34,682 (25 ) 34,657 Other comprehensive income (10,117 ) — (10,117 ) Other changes in equity: Purchase of common stock for treasury (6,067 ) — (6,067 ) Cash dividends declared (11,874 ) — (11,874 ) Proceeds from the issuance of common stock 4,421 — 4,421 Stock-based compensation 3,574 — 3,574 Excess tax benefit from the exercise of stock options and vesting of equity awards 979 — 979 Balance, as of June 30, 2015 $ 228,609 $ 182 $ 228,791

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company uses the following valuation techniques to measure fair value for its financial assets and financial liabilities: · Level 1: Inputs are unadjusted quoted prices in active markets for identical assets or liabilities. · Level 2: Inputs are quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable and market-corroborated inputs which are derived principally from or corroborated by observable market data. · Level 3: Inputs are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable. The fair value of the Company's cash and cash equivalents, accounts receivable and accounts payable approximate carrying value due to their short maturities. The fair value of the Company’s long-term debt approximates its carrying value, as it is variable rate debt and the terms are comparable to market terms as of the balance sheet dates, and is classified as Level 2. Financial Instruments Assets and Liabilities Recorded at Fair Value on a Recurring Basis The following table represents the financial assets and liabilities, measured at fair value on a recurring basis and the basis for that measurement (in thousands): Fair value as of June 30, 2015 Fair value as of December 31, 2014 Liabilities: Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Contingent purchase price payment $ — $ — $ 11,000 $ 11,000 $ — $ — $ 16,000 $ 16,000 Pursuant to the agreement governing the acquisition of HOLLY HUNT, the Company may be required to make annual contingent purchase price payments. The payouts are based upon HOLLY HUNT reaching an annual net sales target, for each year over the next two calendar years, and are paid out by February 15 of the following calendar year. The Company classifies this as a Level 3 measurement and is required to remeasure this liability at fair value on a recurring basis. The fair value of such contingent purchase price payments was determined at the time of acquisition based upon net sales projections for HOLLY HUNT for 2014, 2015, and 2016. The Company paid $5.0 million during the first quarter of 2015, as a result of HOLLY HUNT achieving the 2014 net sales projections. Excluding the initial recognition of the liability for the contingent purchase price payments and payments made to reduce the liability, any changes in the fair value would be included within selling, general and administrative expenses. There were no additional assets and/or liabilities recorded at fair value on a recurring basis as of June 30, 2015 or December 31, 2014.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company reports its segment results based on the following reportable segments: (i) Office; (ii) Studio; and (iii) Coverings. The Office segment serves corporate, government, healthcare, retail and other customers in the United States and Canada providing a portfolio of office furnishing solutions including systems, seating, storage, and KnollExtra ® ergonomic accessories, and other products. The Studio segment includes KnollStudio ® , Knoll Europe which sells primarily KnollStudio products, Richard Schultz ® Design and HOLLY HUNT. The KnollStudio portfolio includes a range of lounge seating; side, cafe and dining chairs; barstools; and conference, dining and occasional tables. HOLLY HUNT produces and showcases custom made product including indoor and outdoor furniture, lighting, rugs, textiles and leathers. The Coverings segment includes, KnollTextiles ® , Spinneybeck ® and Edelman Leather ® . These businesses serve a wide range of customers offering high-quality textiles, felt, and leather. The following information below categorizes certain financial information into the above-noted segments for the three and six months ended June 30, 2015 and 2014 : Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (in thousands) NET SALES Office $ 160,877 $ 159,100 $ 328,600 $ 305,183 Studio 77,863 76,454 148,057 132,451 Coverings 29,882 30,389 58,463 57,910 Total $ 268,622 $ 265,943 $ 535,120 $ 495,544 INTERSEGMENT SALES (1) Office $ 415 $ 511 $ 901 $ 984 Studio 1,706 1,524 3,086 2,834 Coverings 1,317 2,798 3,242 5,413 Total $ 3,438 $ 4,833 $ 7,229 $ 9,231 OPERATING PROFIT (2) Office (3) $ 9,099 $ 6,402 $ 16,345 $ 6,873 Studio 12,079 9,506 21,031 15,048 Coverings 7,077 6,330 13,178 11,601 Total $ 28,255 $ 22,238 $ 50,554 $ 33,522 (1) Intersegment sales represent sales between Knoll, Inc. segments; these intersegment sales are eliminated in consolidation. (2) The Company does not allocate interest expense or other (income) expense, net to the reportable segments. (3) Office operating profit includes $0.2 million and $0.8 million of restructuring expenses incurred during the three and six months ended June 30, 2014, respectively.

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGES	RESTRUCTURING CHARGES During 2014, the Company approved certain restructuring actions. These actions primarily included reductions in headcount in the Office and Coverings segments, the exiting of certain showrooms within our Coverings segment, and charges related to improvements to better utilize the Company's manufacturing capacity. The Company does not expect any additional charges related to these restructuring actions in the future, and the Company anticipates that the remaining liability will be paid in the next twelve months. 13. RESTRUCTURING CHARGES (continued) Below is a summary of the changes in the restructuring liability during 2015 (in thousands): Office Studio Coverings Total Balance, as of December 31, 2014 $ 1,046 $ — $ 16 $ 1,062 Payments (305 ) — (16 ) (321 ) Balance, as of June 30, 2015 $ 741 $ — $ — $ 741

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Amount of net sales and net earnings attributable to Knoll, Inc. stockholders included in the condensed consolidated statement of operations and comprehensive income	The amount of net sales and net earnings that resulted from the acquisition and attributable to Knoll, Inc. stockholders included in the condensed consolidated statements of operations and comprehensive income during the six months ended June 30, 2015 and 2014 were as follows (in thousands): June 30, 2015 June 30, 2014 Net sales $ 57,569 $ 44,509 Net earnings attributable to Knoll, Inc. stockholders $ 2,739 $ 3,108
Pro forma summary financial information	The following unaudited pro forma summary financial information presents the operating results of the combined company, assuming the acquisition had occurred as of January 1, 2013 (in thousands): Six Months Ended June 30, 2014 Pro forma net sales $ 503,365 Pro forma net earnings attributable to Knoll, Inc stockholders $ 19,106

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of inventories	Information regarding the Company's inventories is as follows (in thousands): June 30, December 31, Raw materials $ 58,226 $ 54,376 Work-in-process 7,294 7,265 Finished goods 77,920 79,194 Total $ 143,440 $ 140,835

CONTINGENT LIABILITIES AND CO21

CONTINGENT LIABILITIES AND COMMITMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of changes in the warranty reserve	Changes in the warranty reserve are as follows (in thousands): Balance, as of December 31, 2014 $ 8,180 Provision for warranty claims 3,717 Warranty claims paid (3,476 ) Foreign currency translation adjustment (68 ) Balance, as of June 30, 2015 $ 8,353

INDEBTEDNESS (Tables)

INDEBTEDNESS (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Debt	Information regarding the Company's indebtedness is as follows (in thousands): June 30, December 31, Balance of revolving credit facility $ 84,000 $ 63,000 Balance of term loan 190,000 195,000 Total long-term debt 274,000 258,000 Less: Current maturities of long-term debt 10,000 10,000 Long-term debt $ 264,000 $ 248,000

ACCUMULATED OTHER COMPREHENSI23

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Summary of changes in accumulated other comprehensive income (loss) by component	The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2015 (in thousands): Foreign Pension and Total Balance, as of December 31, 2014 $ 2,095 $ (34,777 ) $ (32,682 ) Other comprehensive income (loss) before reclassifications (12,881 ) — (12,881 ) Amounts reclassified from accumulated other comprehensive income (loss) — 2,764 2,764 Net current-period other comprehensive income (loss) (12,881 ) 2,764 (10,117 ) Balance, as of June 30, 2015 $ (10,786 ) $ (32,013 ) $ (42,799 )
Schedule of reclassifications made from accumulated other comprehensive income (loss) to the statement of operations	The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income for the three months ended (in thousands): June 30, 2015 June 30, 2014 Amortization of pension and other post-retirement liability adjustments Prior Service Costs (1) $ (72 ) $ (558 ) Actuarial Losses (1) 2,258 656 Total Before Tax 2,186 98 Tax Benefit (804 ) (34 ) Net of Tax $ 1,382 $ 64 (1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 for additional information. The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income for the six months ended (in thousands): NOTE 7. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (continued) June 30, 2015 June 30, 2014 Amortization of pension and other post-retirement liability adjustments Prior Service Costs (1) $ (144 ) $ (1,116 ) Actuarial Losses (1) 4,516 1,312 Total Before Tax 4,372 196 Tax Benefit (1,608 ) (69 ) Net of Tax $ 2,764 $ 127 (1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 for additional information.

PENSIONS AND OTHER POST-RETIR24

PENSIONS AND OTHER POST-RETIREMENT BENEFITS (Tables)	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Summary of the costs of the Company's employee pension and post retirement plans	The following tables summarize the costs of the Company’s employee pension and other post-retirement benefit plans for the periods indicated (in thousands): Pension Benefits Other Benefits Three months ended Three months ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Service cost $ 1,887 $ 1,734 $ 4 $ 6 Interest cost 3,114 3,335 80 91 Expected return on plan assets (3,655 ) (3,936 ) — — Amortization of prior service cost — 3 (72 ) (561 ) Recognized actuarial loss 2,166 502 92 154 Net periodic benefit cost $ 3,512 $ 1,638 $ 104 $ (310 ) For the three months ended June 30, 2015 , $2.0 million of pension expense was incurred in cost of sales and $1.5 million was incurred in selling, general, and administrative expenses. For the three months ended June 30, 2014 , $0.9 million of pension expense was incurred in cost of sales and $0.7 million was incurred in selling, general, and administrative expenses. Pension Benefits Other Benefits Six months ended Six months ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 Service cost $ 3,774 $ 3,468 $ 8 $ 12 Interest cost 6,228 6,670 160 182 Expected return on plan assets (7,310 ) (7,872 ) — — Amortization of prior service cost — 6 (144 ) (1,122 ) Recognized actuarial loss 4,332 1,004 184 308 Net periodic benefit cost $ 7,024 $ 3,276 $ 208 $ (620 ) For the six months ended June 30, 2015 , $4.0 million of pension expense was incurred in cost of sales and $3.0 million was incurred in selling, general, and administrative expenses. For the six months ended June 30, 2014 , $1.9 million of pension expense was incurred in cost of sales and $1.4 million was incurred in selling, general, and administrative expenses.

COMMON STOCK AND EARNINGS PER25

COMMON STOCK AND EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2015
COMMON STOCK AND EARNINGS PER SHARE
Reconciliation of number of shares used in the calculation of basic and diluted earnings (loss) per common share including unvested restrictive shares	The following table sets forth the reconciliation from basic to diluted weighted-average number of common shares outstanding: Three months ended Six months ended June 30, June 30, June 30, June 30, 2015 2014 2015 2014 (in thousands) (in thousands) Weighted-average number of common shares outstanding - basic 47,761 47,366 47,705 47,283 Potentially dilutive shares resulting from stock plans 749 609 740 729 Weighted-average number of common shares outstanding - diluted 48,510 47,975 48,445 48,012 Antidilutive equity awards number of shares not included in the weighted-average common shares - diluted — 138 — 158

EQUITY (Tables)

EQUITY (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Change in Equity and Noncontrolling Interests	The following table shows the change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests during the six months ended June 30, 2015 (in thousands): Equity Attributable to Knoll Inc., Stockholders Noncontrolling Interests Total Balance, as of December 31, 2014 $ 213,011 $ 207 $ 213,218 Total comprehensive income: Net earnings (losses) attributable to Knoll, Inc. stockholders and noncontrolling interests 34,682 (25 ) 34,657 Other comprehensive income (10,117 ) — (10,117 ) Other changes in equity: Purchase of common stock for treasury (6,067 ) — (6,067 ) Cash dividends declared (11,874 ) — (11,874 ) Proceeds from the issuance of common stock 4,421 — 4,421 Stock-based compensation 3,574 — 3,574 Excess tax benefit from the exercise of stock options and vesting of equity awards 979 — 979 Balance, as of June 30, 2015 $ 228,609 $ 182 $ 228,791

FAIR VALUE OF FINANCIAL INSTR27

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Assets and Liabilities Recorded at Fair Value on a Recurring and Nonrecurring Basis	The following table represents the financial assets and liabilities, measured at fair value on a recurring basis and the basis for that measurement (in thousands): Fair value as of June 30, 2015 Fair value as of December 31, 2014 Liabilities: Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Contingent purchase price payment $ — $ — $ 11,000 $ 11,000 $ — $ — $ 16,000 $ 16,000

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of certain financial information related to segments	The following information below categorizes certain financial information into the above-noted segments for the three and six months ended June 30, 2015 and 2014 : Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 (in thousands) NET SALES Office $ 160,877 $ 159,100 $ 328,600 $ 305,183 Studio 77,863 76,454 148,057 132,451 Coverings 29,882 30,389 58,463 57,910 Total $ 268,622 $ 265,943 $ 535,120 $ 495,544 INTERSEGMENT SALES (1) Office $ 415 $ 511 $ 901 $ 984 Studio 1,706 1,524 3,086 2,834 Coverings 1,317 2,798 3,242 5,413 Total $ 3,438 $ 4,833 $ 7,229 $ 9,231 OPERATING PROFIT (2) Office (3) $ 9,099 $ 6,402 $ 16,345 $ 6,873 Studio 12,079 9,506 21,031 15,048 Coverings 7,077 6,330 13,178 11,601 Total $ 28,255 $ 22,238 $ 50,554 $ 33,522 (1) Intersegment sales represent sales between Knoll, Inc. segments; these intersegment sales are eliminated in consolidation. (2) The Company does not allocate interest expense or other (income) expense, net to the reportable segments. (3) Office operating profit includes $0.2 million and $0.8 million of restructuring expenses incurred during the three and six months ended June 30, 2014, respectively.

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Summary of the changes in the restructuring liability	Below is a summary of the changes in the restructuring liability during 2015 (in thousands): Office Studio Coverings Total Balance, as of December 31, 2014 $ 1,046 $ — $ 16 $ 1,062 Payments (305 ) — (16 ) (321 ) Balance, as of June 30, 2015 $ 741 $ — $ — $ 741

ACQUISITIONS - Net Sales and Ea

ACQUISITIONS - Net Sales and Earnings of Acquiree Included in Consolidated Results (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2015	Jun. 30, 2015	Jun. 30, 2014	Feb. 03, 2014
Business Acquisition [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability		$ (5,000)	$ 0
Holly Hunt Enterprises, Inc
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest				$ 95,000
Business Combination, Contingent Consideration, Liability				$ 16,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ 5,000
Net Sales and Earnings of Acquiree Included in Consolidated Results [Abstract]
Net sales		57,569	44,509
Net earnings attributable to Knoll, Inc. stockholders		$ 2,739	$ 3,108

ACQUISITIONS - Pro forma Summar

ACQUISITIONS - Pro forma Summary Financial Information (Details) - Holly Hunt Enterprises, Inc $ in Thousands	6 Months Ended
	Jun. 30, 2014USD ($)
Business Acquisition, Pro Forma Information [Abstract]
Pro forma net sales	$ 503,365
Pro forma net earnings attributable to Knoll, Inc stockholders	$ 19,106

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 58,226	$ 54,376
Work-in-process	7,294	7,265
Finished goods	77,920	79,194
Inventories, Net	143,440	140,835
Inventory Valuation Reserves	$ 7,800	$ 8,400

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Effective tax rate (as a percent)	34.30%	38.40%	35.60%	37.20%
Unrecognized tax benefits, which would affect the effective tax rate if recognized	$ 5.1		$ 5.1		$ 4.9

CONTINGENT LIABILITIES AND CO34

CONTINGENT LIABILITIES AND COMMITMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in the Company's warranty reserve
Balance, as of December 31, 2014			$ 8,180
Provision for warranty claims			3,717
Warranty claims paid			(3,476)
Foreign currency translation adjustment			(68)
Balance, as of June 30, 2015	$ 8,353		8,353
Contingent liabilities and commitments, additional disclosure
Warranty expense	$ 2,000	$ 1,700	$ 3,700	$ 3,400

INDEBTEDNESS (Details)

INDEBTEDNESS (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total long-term debt	$ 274,000	$ 258,000
Less: Current maturities of long-term debt	10,000	10,000
Long-term debt	264,000	248,000
Balance of revolving credit facility
Debt Instrument [Line Items]
Total long-term debt	84,000	63,000
Balance of term loan
Debt Instrument [Line Items]
Total long-term debt	$ 190,000	$ 195,000

ACCUMULATED OTHER COMPREHENSI36

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in accumulated other comprehensive loss components
Balance			$ (32,682)
Other comprehensive income (loss) before reclassifications			(12,881)
Amounts reclassified from accumulated other comprehensive income (loss)			2,764
Total other comprehensive income (loss), net of tax	$ 1,500	$ 3,794	(10,117)	$ 39
Net current-period other comprehensive income (loss)	(1,382)	$ (64)	(2,764)	$ (128)
Balance	(42,799)		(42,799)
Foreign Currency Translation Adjustment
Changes in accumulated other comprehensive loss components
Balance			2,095
Other comprehensive income (loss) before reclassifications			(12,881)
Amounts reclassified from accumulated other comprehensive income (loss)			0
Total other comprehensive income (loss), net of tax			(12,881)
Balance	(10,786)		(10,786)
Pension and Other Post- Retirement Liability Adjustment
Changes in accumulated other comprehensive loss components
Balance			(34,777)
Other comprehensive income (loss) before reclassifications			0
Amounts reclassified from accumulated other comprehensive income (loss)			2,764
Balance	$ (32,013)		$ (32,013)

ACCUMULATED OTHER COMPREHENSI37

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Amortization of pension and other post-retirement liability adjustments
Tax Benefit		$ 8,982	$ 6,753	$ 19,118	$ 11,038
Net of Tax				(34,657)	(18,673)
Amounts reclassified from accumulated other comprehensive income (loss)
Amortization of pension and other post-retirement liability adjustments
Prior Service Costs	[1]	(72)	(558)	(144)	(1,116)
Actuarial Losses	[1]	2,258	656	4,516	1,312
Total Before Tax		2,186	98	4,372	196
Tax Benefit		(804)	(34)	(1,608)	(69)
Net of Tax		$ 1,382	$ 64	$ 2,764	$ 127
[1]	These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 for additional information.

PENSIONS AND OTHER POST-RETIR38

PENSIONS AND OTHER POST-RETIREMENT BENEFITS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits
Components of the net periodic benefit cost
Service cost	$ 1,887	$ 1,734	$ 3,774	$ 3,468
Interest cost	3,114	3,335	6,228	6,670
Expected return on plan assets	(3,655)	(3,936)	(7,310)	(7,872)
Amortization of prior service cost	0	3	0	6
Recognized actuarial loss	2,166	502	4,332	1,004
Net periodic benefit cost	3,512	1,638	7,024	3,276
Pension Benefits | Cost of sales
Components of the net periodic benefit cost
Net periodic benefit cost	2,000	900	4,000	1,900
Pension Benefits | Selling, general, and administrative expenses
Components of the net periodic benefit cost
Net periodic benefit cost	1,500	700	3,000	1,400
Other Benefits
Components of the net periodic benefit cost
Service cost	4	6	8	12
Interest cost	80	91	160	182
Expected return on plan assets	0	0	0	0
Amortization of prior service cost	(72)	(561)	(144)	(1,122)
Recognized actuarial loss	92	154	184	308
Net periodic benefit cost	$ 104	$ (310)	$ 208	$ (620)

COMMON STOCK AND EARNINGS PER39

COMMON STOCK AND EARNINGS PER SHARE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
COMMON STOCK AND EARNINGS PER SHARE
Weighted-average number of common shares outstanding - basic	47,760,961	47,365,780	47,705,222	47,283,396
Potentially dilutive shares resulting from stock plans	749,000	609,000	740,000	729,000
Weighted-average number of common shares outstanding - diluted	48,509,546	47,974,559	48,445,060	48,012,233
Antidilutive equity awards number of shares not included in the weighted-average common shares - diluted	0	138,000	0	158,000
Earnings per share, other disclosures
Repurchase of common stock, shares			287,689	379,051
Purchase of common stock for treasury			$ 6,067	$ 6,227
Exercise of stock options, shares			302,750	195,807
Dividends, Common Stock, Cash			$ 11,874
Proceeds from the issuance of common stock			$ 4,421	$ 2,590
Vested (in shares)			281,581	496,191
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	998		272,424

EQUITY (Details)

EQUITY (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests:
Balance, as of December 31, 2014			$ 213,218
Total comprehensive income:
Net earnings (losses) attributable to Knoll, Inc. stockholders and noncontrolling interests			34,657	$ 18,673
Total other comprehensive income (loss), net of tax	$ 1,500	$ 3,794	(10,117)	$ 39
Other changes in equity:
Purchase of common stock for treasury			(6,067)
Cash dividends declared			(11,874)
Proceeds from the issuance of common stock			4,421
Stock-based compensation			3,574
Excess tax benefit from the exercise of stock options and vesting of equity awards			979
Balance, as of June 30, 2015	228,791		228,791
Equity Attributable to Knoll Inc., Stockholders
Change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests:
Balance, as of December 31, 2014			213,011
Total comprehensive income:
Net earnings (losses) attributable to Knoll, Inc. stockholders and noncontrolling interests			34,682
Total other comprehensive income (loss), net of tax			(10,117)
Other changes in equity:
Purchase of common stock for treasury			(6,067)
Cash dividends declared			(11,874)
Proceeds from the issuance of common stock			4,421
Stock-based compensation			3,574
Excess tax benefit from the exercise of stock options and vesting of equity awards			979
Balance, as of June 30, 2015	228,609		228,609
Noncontrolling Interests
Change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests:
Balance, as of December 31, 2014			207
Total comprehensive income:
Net earnings (losses) attributable to Knoll, Inc. stockholders and noncontrolling interests			(25)
Total other comprehensive income (loss), net of tax			0
Other changes in equity:
Purchase of common stock for treasury			0
Cash dividends declared			0
Proceeds from the issuance of common stock			0
Stock-based compensation			0
Excess tax benefit from the exercise of stock options and vesting of equity awards			0
Balance, as of June 30, 2015	$ 182		$ 182

FAIR VALUE OF FINANCIAL INSTR41

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ 5,000	$ 0
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent purchase price payments	11,000		$ 16,000
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent purchase price payments	$ 11,000		$ 16,000

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Financial information of segments
NET SALES		$ 268,622	$ 265,943	$ 535,120	$ 495,544
INTERSEGMENT SALES	[1]	3,438	4,833	7,229	9,231
OPERATING PROFIT	[2]	28,255	22,238	50,554	33,522
Restructuring charges		0	203	0	795
Office
Financial information of segments
NET SALES		160,877	159,100	328,600	305,183
INTERSEGMENT SALES	[1]	415	511	901	984
OPERATING PROFIT	[2],[3]	9,099	6,402	16,345	6,873
Restructuring charges			200		800
Studio
Financial information of segments
NET SALES		77,863	76,454	148,057	132,451
INTERSEGMENT SALES	[1]	1,706	1,524	3,086	2,834
OPERATING PROFIT	[2]	12,079	9,506	21,031	15,048
Coverings
Financial information of segments
NET SALES		29,882	30,389	58,463	57,910
INTERSEGMENT SALES	[1]	1,317	2,798	3,242	5,413
OPERATING PROFIT	[2]	$ 7,077	$ 6,330	$ 13,178	$ 11,601
[1]	Intersegment sales represent sales between Knoll, Inc. segments; these intersegment sales are eliminated in consolidation.
[2]	The Company does not allocate interest expense or other (income) expense, net to the reportable segments.
[3]	Office operating profit includes $0.2 million and $0.8 million of restructuring expenses incurred during the three and six months ended June 30, 2014, respectively.

RESTRUCTURING CHARGES - Summary

RESTRUCTURING CHARGES - Summary of Changes in Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Restructuring Reserve [Roll Forward]
Balance, as of December 31, 2014			$ 1,062
Restructuring charges	$ 0	$ 203	0	$ 795
Payments			(321)
Balance, as of June 30, 2015	741		741
Office Segment
Restructuring Reserve [Roll Forward]
Balance, as of December 31, 2014			1,046
Restructuring charges		$ 200		$ 800
Payments			(305)
Balance, as of June 30, 2015	741		741
Studio Segment
Restructuring Reserve [Roll Forward]
Balance, as of December 31, 2014			0
Payments			0
Balance, as of June 30, 2015	0		0
Coverings Segment
Restructuring Reserve [Roll Forward]
Balance, as of December 31, 2014			16
Payments			(16)
Balance, as of June 30, 2015	$ 0		$ 0